Balcony, a blockchain infrastructure company based in New Jersey, USA, has announced the completion of its Pre-Seed round of financing, with Avalanche Blizzard Fund participating. The specific amount and valuation information have not been disclosed. Balcony is building a real-world asset (RWA) blockchain platform for institutions and government agencies, providing secure and efficient on-chain transaction and asset settlement services, currently mainly used in the real estate field. The new funds will be used to expand operations and development efforts.
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